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By Laurent MASSINON, Partner and Christina NICKEL, Counsel, DLA Piper Luxembourg
We can read it everywhere: Regulation (EU) 2022/2554 of the European Parliament and of the Council of 14 December 2022 on digital operational resilience for the financial sector (DORA) is coming. Except for those few players exempt from DORA, regulated entities in the financial and insurance sectors (Concerned Entities) have to consider which additional requirements DORA imposes on them.
Concerned Entities and information and communication technology (ICT) third-party service providers (ICT TPSP) falling within the scope of DORA have invested a lot of time and energy to comply with the cloud IT outsourcing requirements. Now they’ll be getting ready to make sure...
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